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Biotech / Medical : Peregrine Pharmaceuticals, Inc.( PPHM)
PPHM 4.220+0.7%Jan 5 4:00 PM EST

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To: The Dodgy Ticker who wrote (3782)3/14/2014 1:17:43 AM
From: EACarl  Read Replies (1) of 3795
 
RE "Think it might be the beginning of PPHM's great run"

Wrong as usual Bob.
Amazing you haven't learned by now that EVERY rally for PPHM is a selling opportunity.
Where did it get? around $3, now low $2's again already.

The thing is that Bavi's potential is what it is - was and always will be.
But with every dilution the stock price potential goes down.
What's the dilution been over the last 10 years? 6X....7X?
It's not hard math.
Market cap potential (if bavi gets thru phase III and approved) divided by # shares = price per share.
As the number shares go up, guess what happens to the price?
Pick a market cap - any one you like. With 6 times the shares guess what happens to the price?
Price becomes 1/6 of what it would have been.

I must admit, you guys are getting more "realistic".
All kinds of cheering about the stock price being 44.6 cents (pre-reverse)
And a huge loser over the last ~10 years.

The really sick and twisted part? Recent (I calll it "un"news)
conferences for preclinical bavi tests? Are you serious?
They were PR'ing bavi preclinical stuff ~10 years ago!
Now there's more bavi preclinical news and the latest batch of cheerleaders on Ihub is doing what every other batch has done - with the same results..

Let me guess..........lots of interested parties for partnering talks? And they are going well............

The same lame lines year in and year out. That doesn't get old for you?

I
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